Activision-Blizzard is Far From Overvalued
Activision-Blizzard (ATVI) is up 54% since we initiated our bullish coverage on the video game giant back in March 17th 2017. ATVI is currently trading at a P/E of 42 by GAAP standards while the S&P 500 index is trading at an P/E of 26. This leads many investors to believe that ATVI is overvalued. However, GAAP P/E is a deceitful measurement of ATVI’s profitability due to the company’s heavy non-cash depreciation and amortization expenses.
In this article, we’ll look at more valuable metrics of profitability such as operating cash flow and free cash flow to show that ATVI is actually undervalued relative to its peers and the market as a whole. Furthermore, we will update our free cash flow-based DCF model to show that ATVI has a 33% upside from its current price.
Top 10 Undervalued Stocks To Watch Right Now: Fresh Del Monte Produce, Inc.(FDP)
Advisors’ Opinion:
- [By Ethan Ryder]
Alico (NASDAQ: ALCO) and Fresh Del Monte Produce (NYSE:FDP) are both consumer staples companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, analyst recommendations, valuation, risk and institutional ownership.
- [By Stephan Byrd]
Fresh Del Monte Produce (NYSE: FDP) and Limoneira (NASDAQ:LMNR) are both consumer staples companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, dividends, risk, profitability, institutional ownership, valuation and analyst recommendations.
- [By Shane Hupp]
Dean Investment Associates LLC raised its stake in Fresh Del Monte Produce (NYSE:FDP) by 17.9% during the first quarter, HoldingsChannel.com reports. The fund owned 94,185 shares of the company’s stock after acquiring an additional 14,270 shares during the quarter. Dean Investment Associates LLC’s holdings in Fresh Del Monte Produce were worth $4,261,000 at the end of the most recent reporting period.
Top 10 Undervalued Stocks To Watch Right Now: CEVA, Inc.(CEVA)
Advisors’ Opinion:
- [By Lisa Levin]
CEVA, Inc. (NASDAQ: CEVA) was down, falling around 12 percent to $30.25 after the company posted weaker-than-expected Q1 profit.
Commodities
- [By Stephan Byrd]
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- [By Logan Wallace]
CEVA (NASDAQ:CEVA) had its price objective decreased by Roth Capital to $44.00 in a research note released on Wednesday morning. Roth Capital currently has a buy rating on the semiconductor company’s stock.
- [By Logan Wallace]
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- [By Stephan Byrd]
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Top 10 Undervalued Stocks To Watch Right Now: GenMark Diagnostics, Inc.(GNMK)
Advisors’ Opinion:
- [By Logan Wallace]
Media coverage about GenMark Diagnostics (NASDAQ:GNMK) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. GenMark Diagnostics earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave news headlines about the medical equipment provider an impact score of 46.8084316993639 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on GenMark Diagnostics (GNMK)
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- [By Stephan Byrd]
Tactile Systems Technology (NASDAQ: TCMD) and GenMark Diagnostics (NASDAQ:GNMK) are both small-cap medical companies, but which is the superior stock? We will compare the two companies based on the strength of their profitability, valuation, risk, analyst recommendations, earnings, dividends and institutional ownership.
Top 10 Undervalued Stocks To Watch Right Now: UnitedHealth Group Incorporated(UNH)
Advisors’ Opinion:
- [By Todd Campbell]
UnitedHealth Group (NYSE:UNH) reported second-quarter 2018 financials that show sales and profit continue to improve despite its decision to cut ties to to Obamacare last year. Here’s what you need to know about UnitedHealth’s performance last quarter and its guidance for the rest of 2018.
- [By ]
So, nothing about trade wars, tariffs, currency devaluations, wars in Syria, or North Korea, or Iran from the occupier of the Oval Office. Perhaps partly as a result, the major U.S. equity indexes rose strongly for a second day, fueled by better than expected earnings by Netflix (NFLX) and helped along by stalwart U.S. corporations including UnitedHealth (UNH) , General Electric (GE) and Cisco (CSCO) .
- [By Paul Ausick]
The DJIA stock posting the largest daily percentage loss ahead of the close Monday was UnitedHealth Group Inc. (NYSE: UNH) which traded down 1.57% at $225.13. The stock’s 52-week range is $156.09 to $231.77. Volume was about 30% below the daily average of around 3 million. The healthcare company had no specific news.
- [By Paul Ausick]
UnitedHealth Group Inc. (NYSE: UNH) traded down 1.21% at $244.90. The stock’s 52-week range is $173.71 to $250.79. Volume was about half the daily average of 3.4 million. The company had no specific news Tuesday.
- [By Sean Williams]
Heading into 2018, Avalere estimated that 41% of all U.S. counties were expected to have just one insurer offering a health plan. This comes after UnitedHealth Group (NYSE:UNH), the nation’s largest insurer, pulled out of 31 of 34 states in 2017. After UnitedHealth Group lost $475 million from Obamacare in 2015 and predicted $650 million in ACA losses in 2016, it was no surprise to see the nation’s largest health insurer critical of the ACA.
Top 10 Undervalued Stocks To Watch Right Now: PNC Financial Services Group, Inc. (PNC)
Advisors’ Opinion:
- [By John Maxfield]
Over the past two decades, PNC Financial Services Group (NYSE:PNC) hasevolved into one of the best-managed companies in the financial services sector.
- [By Ethan Ryder]
Shares of PNC Financial Services Group Inc (NYSE:PNC) have earned a consensus rating of “Hold” from the twenty-seven brokerages that are covering the firm, Marketbeat.com reports. Nineteen equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $149.39.
- [By Joseph Griffin]
Pendal Group Ltd increased its stake in PNC Financial Services (NYSE:PNC) by 70.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,051 shares of the financial services provider’s stock after acquiring an additional 47,363 shares during the period. Pendal Group Ltd’s holdings in PNC Financial Services were worth $17,400,000 at the end of the most recent reporting period.
- [By Ethan Ryder]
PNC Financial Services (NYSE: PNC) and Pacific Mercantile Bancorp (NASDAQ:PMBC) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, earnings, risk, dividends, profitability and analyst recommendations.
- [By Chris Lange]
PNC Financial Services Group Inc. (NYSE: PNC) also is set to release its most recent quarterly results Friday morning. The consensus forecast calls for $2.28 in EPS on $4.18 billion in revenue. Shares ended last week at $144.78. The consensus price target is $150.00, and the 52-week range is $113.66 to $147.28.
Top 10 Undervalued Stocks To Watch Right Now: Imperial Oil Limited(IMO)
Advisors’ Opinion:
- [By Logan Wallace]
Imperial Oil Ltd (NYSEAMERICAN:IMO) (TSE:IMO) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 11,491,321 shares, an increase of 1.1% from the May 31st total of 11,363,187 shares. Based on an average trading volume of 400,912 shares, the days-to-cover ratio is presently 28.7 days.
- [By Shane Hupp]
Swiss National Bank cut its position in shares of Imperial Oil (NYSEAMERICAN:IMO) (TSE:IMO) by 6.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,066,300 shares of the energy company’s stock after selling 76,100 shares during the period. Swiss National Bank owned approximately 0.13% of Imperial Oil worth $28,203,000 at the end of the most recent quarter.
Top 10 Undervalued Stocks To Watch Right Now: ATRION Corporation(ATRI)
Advisors’ Opinion:
- [By Stephan Byrd]
ATRION (NASDAQ: ATRI) and Obalon Therapeutics (NASDAQ:OBLN) are both small-cap medical companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, earnings, risk and dividends.
- [By Shane Hupp]
BidaskClub upgraded shares of Atrion (NASDAQ:ATRI) from a strong sell rating to a sell rating in a report issued on Thursday morning.
Shares of ATRI stock opened at $604.05 on Thursday. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 31.94 and a beta of 0.63. Atrion has a 52 week low of $516.85 and a 52 week high of $694.00.
Top 10 Undervalued Stocks To Watch Right Now: Hitachi Ltd (HTHIF)
Advisors’ Opinion:
- [By ]
Some of the larger companies that have begun incorporating blockchain into their industries include:
Overstock.com (OSTK) , once a retail company, has become one of the biggest blockchain options on the stock market. The company has developed tZERO, a cryptocurrency and blockchain-based registry that complies with the regulations of the U.S. Securities & Exchange Commission. IBM (IBM) has developed blockchain technology that they are using with a large variety of partners in a large variety of industries. One example is their partnership with food retailers, most notably Walmart, to help quickly, efficiently, and securely track the supply chain to help ensure ideal food safety. They have also partnered with Maersk to work on a blockchain platform for global trade. Hitachi (HTHIF) , the Japanese conglomerate that has worked on social infrastructure and IT systems, among other industries, has begun dabbling in blockchain. It has released reports about how it believes the technology can positively impact the financial sector, and how it could potentially be used to create new services for businesses.
There are also ETFs that one can invest in that hold a number of stocks related to blockchain. For example, the Reality Shares Nasdaq NextGen Economy ETF (BLCN) holds stocks in all of the examples above, as well as Intel (INTC) and Cisco Systems (CSCO) .
- [By ]
The vast dealer network, built up over the more than 90 years that Caterpillar has been in operation, is the key competitive advantage that the company possesses. While Caterpillar’s products are renowned for quality and low downtime, it is the availability of the support service on an international level in tandem with a reputation for product quality is what gives Caterpillar its edge, and has given it pole position among the world’s construction machinery manufacturers in 2017 based on construction equipment sales, outranking Komatsu Ltd. (OTCPK:KMTUF) (OTCPK:KMTUY), Hitachi Ltd. (OTCPK:HTHIF) (OTCPK:HTHIY), Volvo (OTCPK:VOLVF) (OTCPK:VOLVY), the privately-held Liebherr group, the Chinese government-owned XCMG Group, the Doosan Infracore subsidiary of the Doosan Group conglomerate, Sany (OTCPK:SNYYF) (OTC:SNYYY), and John Deere & Co.
Top 10 Undervalued Stocks To Watch Right Now: Mastercard Incorporated(MA)
Advisors’ Opinion:
- [By Matthew Cochrane]
In what is becoming old hat for investors, after Mastercard Inc (NYSE:MA) reported its first-quarter earnings, shares popped on the news even as the rest of the market trended downward. Not only did the payments network beat expectations when it reported its results earlier this month, it also raised its full-year guidance. The jump in share price, of course, was accompanied by another strong performance from the company’s fundamentals.
- [By ]
WikiLeaks said it would “call for a global blockade of Coinbase” because it is “an unfit member of the crypto community.” It’s not the first time WikiLeaks has been reprimanded by a financial services provider, though – Mastercard Inc. (MA) and PayPal Holdings Inc. (PYPL) have both restricted WikiLeaks on their platforms.
- [By Matthew Cochrane]
PayPal Holdings (NASDAQ:PYPL) is releasing new products aimed at serving the large, and often ignored, “underbanked” segment of the population. In conjunction with Mastercard (NYSE:MA), PayPal has introduced the PayPal Cash Mastercard in the U.S., the company’s version of a prepaid card, with no monthly fees, no account minimum, and no credit check needed to open an account.
- [By Matthew Cochrane]
Both American Express and Discover are their own credit-issuing financial institutions. They differ from Mastercard Inc. (NYSE:MA) and Visa Inc.(NYSE:V)in that they both directly lend to borrowers, meaning they are liable for defaulted loans but that they also collect interest. Unlike credit-issuing peers such as Capital One Financialand JPMorgan Chase, they also operate their own proprietary payment networks — think of them as the highways money travels on when the companies’ card are used to make a purchase.
Top 10 Undervalued Stocks To Watch Right Now: Veritiv Corporation(VRTV)
Advisors’ Opinion:
- [By Lisa Levin] Companies Reporting Before The Bell
Dean Foods Company (NYSE: DF) is projected to report quarterly earnings at $0.11 per share on revenue of $1.85 billion.
Discovery, Inc. (NASDAQ: DISCA) is expected to report quarterly earnings at $0.44 per share on revenue of $1.99 billion.
Jacobs Engineering Group Inc. (NYSE: JEC) is estimated to report quarterly earnings at $0.89 per share on revenue of $3.63 billion.
Henry Schein, Inc. (NASDAQ: HSIC) is expected to report quarterly earnings at $0.92 per share on revenue of $3.17 billion.
Gartner, Inc. (NYSE: IT) is projected to report quarterly earnings at $0.57 per share on revenue of $926.18 million.
The AES Corporation (NYSE: AES) is estimated to report quarterly earnings at $0.24 per share on revenue of $2.98 billion.
Expeditors International of Washington, Inc. (NASDAQ: EXPD) is projected to report quarterly earnings at $0.64 per share on revenue of $1.71 billion.
US Foods Holding Corp. (NYSE: USFD) is expected to report quarterly earnings at $0.32 per share on revenue of $5.98 billion.
DISH Network Corporation (NASDAQ: DISH) is expected to report quarterly earnings at $0.7 per share on revenue of $3.50 billion.
Zebra Technologies Corporation (NASDAQ: ZBRA) is estimated to report quarterly earnings at $2.06 per share on revenue of $936.98 million.
Camping World Holdings, Inc. (NYSE: CWH) is expected to report quarterly earnings at $0.42 per share on revenue of $1.06 billion.
Perrigo Company plc (NYSE: PRGO) is projected to report quarterly earnings at $1.14 per share on revenue of $1.21 billion.
Petróleo Brasileiro S.A. – Petrobras (NYSE: PBR) is estimated to report quarterly earnings at $0.28 per share on revenue of $23.80 billion.
JD.com, Inc. (NYSE: JD) is projected to report quarterly earnings at $0.18 per share on revenue of $15.65 billion.
Valeant Pharmaceuticals International, Inc. (NYSE: VRX) is projected to report quarterly earnings at $0.6 per share o
